Delta Air Lines Inc (DAL)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	9,844,000	11,062,000	11,588,000	11,579,000	10,269,000	12,255,000	13,080,000	13,401,000	13,011,000	14,799,000	17,313,000	15,720,000	15,940,000	17,471,000	19,666,000	17,853,000	17,404,000	25,030,000	18,915,000	10,275,000
Total current liabilities	US$ in thousands	26,670,000	28,118,000	28,759,000	28,478,000	26,418,000	27,556,000	28,482,000	28,417,000	25,940,000	25,870,000	26,324,000	24,060,000	20,966,000	20,924,000	23,573,000	20,688,000	15,927,000	19,725,000	20,150,000	19,392,000
Current ratio		0.37	0.39	0.40	0.41	0.39	0.44	0.46	0.47	0.50	0.57	0.66	0.65	0.76	0.83	0.83	0.86	1.09	1.27	0.94	0.53

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $9,844,000K ÷ $26,670,000K
= 0.37

Delta Air Lines Inc's current ratio has shown fluctuations over the past few years. The current ratio measures the company's ability to cover its short-term obligations with its current assets.

As of December 31, 2024, Delta Air Lines Inc's current ratio stands at 0.37, indicating that the company may have difficulties meeting its short-term liabilities with its current assets. The current ratio has been showing a declining trend since September 30, 2022.

It is important to note that a current ratio below 1 suggests that the company may have difficulties in meeting its short-term obligations, which could be a cause for concern. Delta Air Lines Inc may need to closely monitor its liquidity position and consider strategies to improve its current ratio in order to ensure financial stability in the short term.